Search results: Dallaglio

Listed diversified group, Padenga Holdings Limited’s revenue grew 10% to US$78.5m in the reviewed period from US$71.6m achieved in the previous year on the positive performance in the gold mining division.The uptick in revenue comes when...

On the 21st of October this year, Dallaglio owned Eureka Gold mine was officially commissioned by President Mnangagwa.It was amazing to see a brand new State-of-the-art-plant which was a clear indicator that mine owners meant serious...

President Emmerson Dambudzo Mnangagwa last week officially opened Eureka Gold Mine, the mine is expected to become one of the leading gold producers in two years’ time. Anerudo Mapuranga The owners, Dallaglio Investments, plan to produce an initial...

Eureka Gold Mine, located near Guruve, is now operational after decades of inactivity and management expect to ramp-up to full production in the coming months.The gold mine was forced to shut operations after running into viability...

VICTORIA Falls Stock Exchange (VFEX) listed company, Padenga Holdings Limited, has invested US$50 million in Eureka Gold Mine with the Guruve-based mining project set for opening this month.Eureka was forced to shut operations after running into...

Diversified company, Padenga Holdings’ pivot to gold will get a boost by its listing on the Victoria Falls Stock Exchange (VFEX) particularly with regards to the higher export retention incentive, analysts say.  Emerging challenges and weakness in...

CONSTRUCTION of Afrochine Dinson Colliery’s coking coal and coke oven battery projects in Hwange under the first phase is now complete with the US$30 million investment creating 300 jobs.   In April, the company announced that it had...

The $12 billion mining sector by 2023 target might have sounded to some like a mirage or mere wishful thinking by an exuberant Government, but as days and months unfold, this is slowly becoming a reality,...

Large scale mining operations in Zimbabwe... Zimbabwe’s mining industry has become the leading horse towards the resuscitation of the economy.Rudairo MapurangaThe mining industry has of late become the country’s largest foreign currency earner with nickel, gold and...

The first open pit blast has been successfully detonated at Eureka Gold Mine ahead of production resumption, Dallaglio Investments have said.Reconstruction works at the mine were commissioned by President Mnangagwa in 2018 as part of a...

Last year saw a local crocodile skin and meat business investing in a gold mine which attracted a lot of side-eyes. But the investment in Dallaglio Investments (Pvt) Ltd by Padenga Holdings now looks like a...

Extensive exploration works at Eureka Gold Mine in Guruve District, Mashonaland Central Province have confirmed resource worth over US$1 billion. This was revealed by the shareholders of the mine while briefing Deputy Minister of Mines and Mining...